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Buy The Dip In Salesforce Shares Ahead Of Q4 Earnings
Wednesday, February 17, 2016 - 10:20am | 193Read More...Nomura’s Frederick Grieb has maintained a Buy rating on salesforce.com, inc. (NYSE: CRM) with a price target of $90. The company is scheduled to report its F4Q16 earnings on February 24, after market close. Although the stock has declined 23 percent since the F3Q16 earnings were reported...
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Suhail Capital Goes Long Former Favorite Short Veeva Systems
Thursday, January 21, 2016 - 9:45am | 353Read More...Suhail Capital initially presented a short thesis on Veeva Systems Inc (NYSE: VEEV) back in November 2013. The investment firm issued multiple follow ups since then which reinforced their views on the company. However, Suhail Capital switched courses on Thursday and is now "long our former...
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Bank Of America: Tableau Software Will Reach $6 Billion Revenue Base In 10 Years
Monday, May 18, 2015 - 3:09pm | 241Read More...In a report published Monday, Bank of America analyst Brad Sills argued that Tableau Software Inc (NYSE: DATA) will reach a $6 billion revenue base in 10 years from an estimated $614 million in fiscal 2015. Sills noted that his assumptions in constructing Tableau's long-term revenue models are...
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Citigroup On Salesforce Rumors: 'Chasing The Hottest Stock At The Dance?'
Thursday, April 30, 2015 - 11:08am | 404Read More...In a report published Thursday, Citigroup analyst Walter H. Pritchard offered a closer look at implications of a potential salesforce.com, inc. (NYSE: CRM) acquisition, noting that he doesn't "have a call" on the credibility of media reports, but nevertheless dove into the possible...
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Bank Of America Sees Zendesk As 'Disrupting The Customer Service Market,' Initiates At Buy
Wednesday, April 8, 2015 - 9:11am | 178Read More...In a report published Wednesday, Bank of America analyst Kash Rangan initiated coverage of Zendesk Inc (NYSE: ZEN) with a Buy rating and $28 price target given the many compelling advantages at the company's disposal to drive solid share gain in the $9.4 billion customer service market. According...
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Is Salesforce Worth $70 Per Share? This Analyst Thinks So
Tuesday, March 17, 2015 - 11:22am | 173Read More...In a report published Monday, Brean Capital analyst Sarah Hindlian initiated coverage of salesforce.com, inc. (NYSE: CRM) with a Hold rating and $70 price target. Hindlian noted that a Hold rating is justified due to a positive view of the company's expanding and dominating products, balanced by...
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'Everything Is Awesome' At Salesforce, Credit Suisse Says
Thursday, February 26, 2015 - 10:34am | 232Read More...In a report published Wednesday evening, Credit Suisse analyst Philip Winslow commented on salesforce.com, inc.'s (NYSE: CRM) fourth-quarter print. "Despite significant foreign exchange headwinds, Salesforce.com's FQ4 revenue and billings were better than expected," Winslow...
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Deutsche Bank Previews Salesforce.com's Q4 Print, Sees No Slowdown In Momentum
Tuesday, February 17, 2015 - 11:38am | 253Read More...In a report published Monday, Deutsche Bank analyst Karl Keirstead previewed salesforce.com, inc.'s (NYSE: CRM) first quarter report which is scheduled to be released on February 25. The analyst reached out to several checks in the SFDC ("Sales Force.Com") eco-system which suggested there is no...
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Stifel Upgrades Veeva Systems As Shares Are Cheaper & Attractive
Thursday, January 8, 2015 - 9:23am | 164Read More...Tom Roderick of Stifel upgraded shares of Veeva Systems Inc (NYSE: VEEV) on Thursday to Buy from Hold with a $36 price target as shares are now trading at a “more reasonable” level. “Back in November 2013, when we first initiated coverage of Veeva Systems with a Hold rating and the stock at nearly...
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Salesforce Q2 Earnings - What To Expect
Thursday, August 21, 2014 - 1:10pm | 856Read More...Salesforce.com (NYSE: CRM) will report its second quarter results after Thursday's market close. Salesforce reported its first quarter results on May 20. The company earned $0.11 per share, beating analyst expectations by a penny. Revenue of $1.23 billion came in $20 million more than...
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Markets Close Higher Ahead Of Busy Earnings Season
Friday, July 11, 2014 - 4:40pm | 2373Read More...U.S. stocks rose ahead of next week's busy earnings schedule, but still finished lower for the week. On Tuesday, Yahoo! and Intel kick off earnings in the tech sector with eBay following on Wednesday. Investors will also see results from Citigroup, Goldman Sachs and JPMorgan Chase in the...
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Salesforce.com Planning New Data Centers In Europe
Thursday, March 6, 2014 - 4:42pm | 563Read More...San Francisco-based global cloud computing company, Salesforce.com (NYSE: CRM), best known for its customer relationship management (CRM) software, said it planned to open three data centers in Europe between now and 2015. The company said its first European data center would open in the U.K....
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Salesforce.com Earnings Preview: What Three Analysts Are Saying
Monday, November 18, 2013 - 3:17pm | 406Read More...Salesforce.com (NYSE: CRM) is set to announce its third quarter 2014 earnings on Modnay after the market close. Earnings are typically released a few minutes after 4:00PM ET, with a conference call scheduled for 5:00PM. The EPS consensus is $0.09 with revenue of $1.05 billion. Piper Jaffray:...
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Salesforce.com Serves Up Retail Holiday Cheer (CRM)
Monday, December 20, 2010 - 3:20pm | 63Read More...Salesforce.com (NYSE: CRM) is complementing an increasing market share of retail stores to track the holiday cheer. CRM is a leader in the cloud computing application industry with a heavy emphasis in customer management relationships. With CRM trading with a P/E of 242, the street is seeking an...
